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Good Growth Opportunities in Indian Dairy Market Till 2020, Finds New Research Report

Market Research Reports, Inc. has announced the addition of “Dairy Market in India 2015 - 2020" research report to their website www.MarketResearchReports.com

Lewes, DE -- (SBWIRE) -- 01/29/2016 -- Dairy market in India is expected to grow at a CAGR of 15% representing in huge opportunities in this sector, finds a new research report launched by NOVONOUS. This growth is driven by India's large pool of cattle, increasing consumption, changing consumer habits and rising income levels.

With the changing consumer consumption habits and daily lifestyle, most of the consumers are opting for the Value Added Dairy product (VADP) which are more like used for direct consumption and do not require any processing at homes.

To know more about this newly launched market research report visit Dairy Market in India 2015-2020

Milk currently controls the largest market share in terms of revenue in Indian dairy market. As per NOVONOUS estimates, Indian milk market is expected to grow at a CAGR of 15% till 2020 and maintain its market share position even in 2020.

Ghee currently controls the second largest market share in terms of revenue in Indian market. As per NOVONOUS estimates, Indian ghee market is expected to grow at a CAGR of 17% till 2020 and maintain its market share position.

Curd and Yoghurt along with Paneer (cottage cheese) in Indian dairy market controls the third largest market share in terms of revenue in Indian market. As per NOVONOUS estimates, Indian curd and yoghurt market is expected to grow at a CAGR of 12% while paneer market is expected to grow at a CAGR of 18% till 2020.

Ice cream which currently controls a minor market share in Indian dairy market is expected to grow at the highest industry CAGR of 26% till 2020 due to rising consumption.
Spanning over 170 pages and 169 exhibits, "Dairy Market in India 2015-2020" report presents an in-depth assessment of the dairy market from 2015 till 2020.

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About NOVONOUS
NOVONOUS helps organizations differentiate themselves, break entry barriers, track investments, develop strategies and see through corporate fog by providing business intelligence that works for their business. For more information about NOVONOUS visit: http://www.novonous.com